Medical Terminology Software Market

Medical Terminology Software Market by Application (Data Aggregation, Reimbursement, Decision Support, Clinical Trials), Product & Service (Services and Platforms), End User (Healthcare Provider, Payer, IT Vendor) - Global Forecast to 2024

Report Code: HIT 6988 Mar, 2019, by marketsandmarkets.com

[138 Pages Report] The medical terminology software market is projected to reach USD 1,786 million by 2024 from USD 707 million in 2019, at a CAGR of 20.4% during the forecast period. The growth in this market is driven by factors such as the rising focus on minimizing medical errors, government initiatives for HCIT adoption, and disparity and fragmentation in the terminology content of healthcare organizations.

Medical Terminology Software Market

Data aggregation dominates the medical terminology software market, by application

On the basis of application, the data aggregation segment accounted for the largest share of the medical terminology software market in 2018. The large share of this segment can be attributed to the growing focus on reducing medical errors and the need to create a consistent and comprehensive data source and improve performance measurement and transparency in patient care.

Services held the largest share of the medical terminology software market, by product & service, in 2018

On the basis of product & service, the services segment accounted for the largest share of the medical terminology software market in 2018. The large share of this segment can be attributed to the increasing demand for the standardization of patient data and the rising need to curb medical errors and accumulation of large amounts of healthcare data.

Medical Terminology Software Market

North America held the largest share of the medical terminology software market in 2018; this trend is expected to continue during the forecast period

Geographically, the medical terminology software market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The large share of North America is attributed to the high adoption of HCIT technologies, regulatory requirements regarding patient safety, the presence of leading market players in the region, and growing demand for accurate data exchange between healthcare providers and payers to streamline workflows.

Key Market Players

Prominent players in the medical terminology software market are Wolters Kluwer (Netherlands), Intelligent Medical Objects (US), Apelon (US), Clinical Architecture (US), 3M (US), CareCom (Denmark), Bitac (Spain), B2i Healthcare (Hungary), BT Clinical Computing (Belgium), and HiveWorx (Ireland).

Intelligent Medical Objects is the leading player in the medical terminology software market. IMO develops, manages, and licenses medical terminology and HCIT software applications that allow clinicians to capture clinical intent at the point-of-care. IMO offers an enterprise platform that hosts its dictionaries and services to meet the day-to-day terminology needs of its customers. It serves as the foundational platform for healthcare enterprise needs, including clinical documentation and population health management. IMO terminology is used by more than 4,500 hospitals and 500,000 physicians daily. The company’s terminology software is used to capture clinical intent and help preserve and communicate complete patient information across the entire spectrum of care.

Recent Developments

  • In 2018, Clinical Architecture (US) launched Symedical on FHIR, its latest in Healthcare Content Management.
  • In 2018, CareCom (Denmark) and Tieto (Finland), an IT software and service company, signed a strategic partnership solving the challenge of semantic interoperability for healthcare IT systems. Under this partnership, the companies intend to strengthen the cooperation and product offering for CareCom’s terminology platform, HealthTerm.
  • In 2016, Wolters Kluwer (Netherlands) announced a partnership with Health Core, Inc., (US), a clinical outcomes research subsidiary of Anthem, Inc. (US), to provide data normalization services to the California Integrated Data Exchange through its health language enterprise terminology management platform.

Key Questions Addressed in the Report

  • Who are the top 10 players operating in the medical terminology software market?
  • What are the driving factors, opportunities, and challenges in the medical terminology software market?
  • What are the industry trends and the current scenario of the medical terminology software market?
  • What are the growth trends in the medical terminology software market at the segmental and overall market levels?
  • What are the growth potential and current market size for major geographies in the medical terminology software market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst


Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions for the Study

3 Executive Summary (Page No. - 29)

4 Premium Insights (Page No. - 32)
    4.1 Medical Terminology Solutions: Market Overview
    4.2 North America: Medical Terminology Solutions Market, By Product & Service (2018)
    4.3 Medical Terminology Solutions Market: Geographic Growth Opportunities
    4.4 Regional Mix: Medical Terminology Solutions Market (2019–2024)

5 Market Overview (Page No. - 36)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rising Focus on Minimizing Medical Errors
                    5.2.1.2 Government Initiatives for HCIT Adoption
                    5.2.1.3 Disparity and Fragmentation in the Terminology Content of Healthcare Organizations
           5.2.2 Opportunities
                    5.2.2.1 Emerging Markets
                    5.2.2.2 Increasing Need to Maintain Data Integrity
           5.2.3 Challenges
                    5.2.3.1 Reluctance to Use Terminology Solutions Over Conventional Practices

6 Industry Insights (Page No. - 40)
    6.1 Industry Trends
           6.1.1 Increasing Preference for Cloud-Based Solutions
           6.1.2 Introduction to Icd-11 Guidelines
           6.1.3 Growing Trend for Semantic Interoperability
    6.2 Revenue Stream Models
    6.3 Regulatory Analysis
    6.4 Terminology Standards
    6.5 Fast Healthcare Interoperability Resources (FHIR)

7 Medical Terminology Solutions Market, By Application (Page No. - 45)
    7.1 Introduction
    7.2 Data Aggregation
           7.2.1 Data Aggregation Accounted for the Largest Segment of the Market
    7.3 Reimbursement
           7.3.1 Terminology Solutions Play an Important Role in Ensuring Appropriate Reimbursement for Healthcare Services Rendered for Institutional Or Provider Claims
    7.4 Public Health Surveillance
           7.4.1 Population-Based Analytics Envelops Those Investigations That Benefit the Entire Population, Including Public Health Surveillance
    7.5 Data Integration
           7.5.1 Terminology Solutions Can Unify, Clean, and Normalize the Data Collected From Multiple Data Sources
    7.6 Decision Support
           7.6.1 Incorporation of Standardized Terminology in the Cdss Will Help Facilitate the Comparability of Medical Data
    7.7 Clinical Trials
           7.7.1 Use of Consistent Terminology Within and Between Studies is Critical to Enable an Efficient Clinical Trial Process
    7.8 Quality Reporting
           7.8.1 Governments Across Various Countries are Implementing A Number of Regulations to Encourage the Adoption of Quality Reporting
    7.9 Clinical Guidelines
           7.9.1 Development and Implementation of Guidelines is Intended to Organize and Provide the Best Available Evidence to Support Clinical Decision Making

8 Medical Terminology Solutions Market, By Product & Service (Page No. - 60)
    8.1 Introduction
    8.2 Services
           8.2.1 Services Account for the Largest Share of the Medical Terminology Solutions Market
    8.3 Platforms
           8.3.1 Platforms Provide A Single Source for All Terminology Needs

9 Medical Terminology Solutions Market, By End User (Page No. - 66)
    9.1 Introduction
    9.2 Healthcare Providers
           9.2.1 Healthcare Service Providers
                    9.2.1.1 Need to Capture and Document Large Amounts of Data in Healthcare Organizations—A Key Driver for Market Growth
           9.2.2 Health Information Exchanges
                    9.2.2.1 Hies Provide Healthcare Professionals and Patients With Electronic Access to therapeutic Data, When and Where they Require It-A Major Factor Driving Growth
    9.3 Healthcare Payers
           9.3.1 Private Payers
                    9.3.1.1 Terminology Management Solutions Provide Private Payers With the Data Needed to Leverage Competitive Agreements During Provider Contract Negotiations
           9.3.2 Public Payers
                    9.3.2.1 Increasing Government Initiatives to Improve Healthcare Coverage and Quality of Care are Driving the Adoption of Terminology Solutions Among Public Payers
    9.4 Healthcare It Vendors
           9.4.1 Medical Terminology Implementation Provides Various Benefits to Healthcare It Vendors
    9.5 Other End Users

10 Medical Terminology Solutions Market, By Region (Page No. - 81)
     10.1 Introduction
     10.2 North America
             10.2.1 US
                        10.2.1.1 US Accounted for the Largest Share of the North American Medical Terminology Solutions Market in 2018
             10.2.2 Canada
                        10.2.2.1 Canada is Projected to Grow at the Highest Cagr During the Forecast Period
     10.3 Europe
             10.3.1 High Growth in the Implementation of Various Ehealth Initiatives Have Led to the Growth of the European Region
     10.4 Asia Pacific
             10.4.1 Improving Healthcare Infrastructure is Driving the Growth of This Regional Segment
     10.5 Latin America
             10.5.1 Promoting the Adoption of Ehrs By Healthcare Providers has Led to the Demand for Medical Terminology Solutions
     10.6 Middle East & Africa
             10.6.1 Countries in This Region are Focusing on Increasing their Healthcare Expenditure as A Primary Concern

11 Competitive Landscape (Page No. - 111)
     11.1 Overview
     11.2 Ranking of Key Players, 2018
     11.3 Competitive Scenario
             11.3.1 Partnerships and Collaborations
             11.3.2 Product Launches

12 Company Profiles (Page No. - 115)
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)* 
     12.1 Wolters Kluwer
     12.2 3M
     12.3 Intelligent Medical Objects
     12.4 Clinical Architecture
     12.5 Apelon
     12.6 Carecom
     12.7 Bitac
     12.8 B2i Healthcare
     12.9 BT Clinical Computing
     12.10 HiveWorx
*Details on Marketsandmarkets View, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments Might Not Be Captured in Case of Unlisted Companies. 

13 Appendix (Page No. - 131)
     13.1 Insights of Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Available Customizations
     13.5 Related Reports
     13.6 Author Details


List of Tables (84 Tables)

Table 1 Standard Currency Conversion Rates
Table 2 Market Dynamics: Impact Analysis
Table 3 Medical Terminology Solutions Market, By Application, 2017–2024 (USD Million)
Table 4 Medical Terminology Solutions Market for Data Aggregation, By Region, 2017–2024
Table 5 North America: Medical Terminology Solutions Market for Data Aggregation, By Country, 2017–2024 (USD Million)
Table 6 Medical Terminology Solutions Market for Reimbursement, By Region, 2017–2024 (USD Million)
Table 7 North America: Medical Terminology Solutions Market for Reimbursement, By Country, 2017–2024 (USD Million)
Table 8 Medical Terminology Solutions Market for Public Health Surveillance, By Region, 2017–2024 (USD Million)
Table 9 North America: Medical Terminology Solutions Market for Public Health Surveillance, By Country, 2017–2024 (USD Million)
Table 10 Medical Terminology Solutions Market for Data Integration, By Region, 2017–2024 (USD Million)
Table 11 North America: Medical Terminology Solutions Market for Data Integration, By Country, 2017–2024 (USD Million)
Table 12 Medical Terminology Solutions Market for Decision Support, By Region, 2017–2024 (USD Million)
Table 13 North America: Medical Terminology Solutions Market for Decision Support, By Country, 2017–2024 (USD Million)
Table 14 Medical Terminology Solutions Market for Clinical Trials, By Region, 2017–2024 (USD Million)
Table 15 North America: Medical Terminology Solutions Market for Clinical Trials, By Country, 2017–2024 (USD Million)
Table 16 Medical Terminology Solutions Market for Quality Reporting, By Region, 2017–2024 (USD Million)
Table 17 North America: Medical Terminology Solutions Market for Quality Reporting, By Country, 2017–2024 (USD Million)
Table 18 Medical Terminology Solutions Market for Clinical Guidelines, By Region, 2017–2024 (USD Million)
Table 19 North America: Medical Terminology Solutions Market for Clinical Guidelines, By Country, 2017–2024 (USD Million)
Table 20 Medical Terminology Solutions Market, By Product & Service, 2017–2024 (USD Million)
Table 21 Medical Terminology Services Market, By Region, 2017–2024 (USD Million)
Table 22 North America: Medical Terminology Services Market, By Country, 2017–2024 (USD Million)
Table 23 Medical Terminology Platforms Market, By Region, 2017–2024 (USD Million)
Table 24 North America Terminology Platforms Market, By Country, 2017–2024 (USD Million)
Table 25 Medical Terminology Solutions Market, By End User, 2017–2024 (USD Million)
Table 26 Medical Terminology Solutions Market for Healthcare Providers, By Type, 2017–2024 (USD Million)
Table 27 Medical Terminology Solutions Market for Healthcare Providers, By Region, 2017–2024 (USD Million)
Table 28 North America: Medical Terminology Solutions Market for Healthcare Providers, By Country, 2017–2024 (USD Million)
Table 29 Medical Terminology Solutions Market for Healthcare Service Providers, By Region, 2017–2024 (USD Million)
Table 30 North America Medical Terminology Solutions Market for Healthcare Service Providers, By Country, 2017–2024 (USD Million)
Table 31 Medical Terminology Solutions Market for Health Information Exchanges, By Region, 2017–2024 (USD Million)
Table 32 North America: Medical Terminology Solutions Market for Health Information Exchanges, By Country, 2017–2024 (USD Million)
Table 33 Medical Terminology Solutions Market for Healthcare Payers, By Type, 2017–2024 (USD Million)
Table 34 Medical Terminology Solutions Market for Healthcare Payers, By Region, 2017–2024 (USD Million)
Table 35 North America: Medical Terminology Solutions Market for Healthcare Payers, By Country, 2017–2024 (USD Million)
Table 36 Medical Terminology Solutions Market for Private Payers, By Region, 2017–2024 (USD Million)
Table 37 North America: Medical Terminology Solutions Market for Private Payers, By Country, 2017–2024 (USD Million)
Table 38 Medical Terminology Solutions Market for Public Payers, By Region, 2017–2024 (USD Million)
Table 39 North America: Medical Terminology Solutions Market for Public Payers, By Country, 2017–2024 (USD Million)
Table 40 Medical Terminology Solutions Market for Healthcare It Vendors, By Region, 2017–2024 (USD Million)
Table 41 North America: Medical Terminology Solutions Market for Healthcare It Vendors, By Country, 2017–2024 (USD Million)
Table 42 Medical Terminology Solutions Market for Other End Users, By Region, 2017–2024 (USD Million)
Table 43 North America: Medical Terminology Solutions Market for Other End User, By Country, 2017–2024 (USD Million)
Table 44 Medical Terminology Solutions Market, By Region, 2017–2024 (USD Million)
Table 45 North America: Medical Terminology Solutions Market, By Country, 2017–2024 (USD Million)
Table 46 North America: Medical Terminology Solutions Market, By Application, 2017–2024 (USD Million)
Table 47 North America: Medical Terminology Solutions Market, By Product and Service, 2017–2024 (USD Million)
Table 48 North America: Medical Terminology Solutions Market, By End User, 2017–2024 (USD Million)
Table 49 North America: Medical Terminology Solutions Market for Providers, By Type, 2017–2024 (USD Million)
Table 50 North America: Medical Terminology Solutions Market for Payers, By Type, 2017–2024 (USD Million)
Table 51 Hospital Progress to Meaningful Use By Size, Type, and Urban/ Rural Location in the Us, 2016
Table 52 US: Medical Terminology Solutions Market, By Application, 2017–2024 (USD Million)
Table 53 US: Medical Terminology Solutions Market, By Product and Service, 2017–2024 (USD Million)
Table 54 US: Medical Terminology Solutions Market, By End User, 2017–2024 (USD Million)
Table 55 US: Medical Terminology Solutions Market for Providers, By Type, 2017–2024 (USD Million)
Table 56 US: Medical Terminology Solutions Market for Payers, By Type, 2017–2024 (USD Million)
Table 57 Canada: Medical Terminology Solutions Market, By Application, 2017–2024 (USD Million)
Table 58 Canada: Medical Terminology Solutions Market, By Product and Service, 2017–2024 (USD Million)
Table 59 Canada: Medical Terminology Solutions Market, By End User, 2017–2024 (USD Million)
Table 60 Canada: Medical Terminology Solutions Market for Providers, By Type, 2017–2024 (USD Million)
Table 61 Canada: Medical Terminology Solutions Market for Payers, By Type, 2017–2024 (USD Million)
Table 62 Europe: Medical Terminology Solutions Market, By Application, 2017–2024 (USD Million)
Table 63 Europe: Medical Terminology Solutions Market, By Product and Service, 2017–2024 (USD Million)
Table 64 Europe: Medical Terminology Solutions Market, By End User, 2017–2024 (USD Million)
Table 65 Europe: Medical Terminology Solutions Market for Providers, By Type, 2017–2024 (USD Million)
Table 66 Europe: Medical Terminology Solutions Market for Payers, By Type, 2017–2024 (USD Million)
Table 67 APAC: Medical Terminology Solutions Market, By Application, 2017–2024 (USD Million)
Table 68 APAC: Medical Terminology Solutions Market, By Product and Service, 2017–2024 (USD Million)
Table 69 APAC: Medical Terminology Solutions Market, By End User, 2017–2024 (USD Million)
Table 70 APAC: Medical Terminology Solutions Market for Providers, By Type, 2017–2024 (USD Million)
Table 71 APAC: Medical Terminology Solutions Market for Payers, By Type, 2017–2024 (USD Million)
Table 72 Latin America: Medical Terminology Solutions Market, By Application, 2017–2024 (USD Million)
Table 73 Latin America: Medical Terminology Solutions Market, By Product and Service, 2017–2024 (USD Million)
Table 74 Latin America: Medical Terminology Solutions Market, By End User, 2017–2024 (USD Million)
Table 75 Latin America: Medical Terminology Solutions Market for Providers, By Type, 2017–2024 (USD Million)
Table 76 Latin America: Medical Terminology Solutions Market for Payers, By Type, 2017–2024 (USD Million)
Table 77 Middle East & Africa: Medical Terminology Solutions Market, By Application, 2017–2024 (USD Million)
Table 78 Middle East & Africa: Medical Terminology Solutions Market, By Product and Service, 2017–2024 (USD Million)
Table 79 Middle East & Africa: Medical Terminology Solutions Market, By End User, 2017–2024 (USD Million)
Table 80 Middle East & Africa: Medical Terminology Solutions Market for Providers, By Type, 2017–2024 (USD Million)
Table 81 Middle East & Africa: Medical Terminology Solutions Market for Payers, By Type, 2017–2024 (USD Million)
Table 82 Growth Strategy Matrix (2015–2019)
Table 83 Partnerships and Collaborations, 2015–2018
Table 84 Product Launches, 2015–2018


List of Figures (33 Figures)

Figure 1 Medical Terminology Solutions Market Segmentation
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews (Supply Side): By Company Type, Designation, and Region
Figure 4 Breakdown of Primary Interviews (Demand Side): By End User, Designation, and Region
Figure 5 Bottom-Up Approach
Figure 6 Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Medical Terminology Solutions Market, By Application, 2019 vs. 2024 (USD Million)
Figure 9 Medical Terminology Solutions Market, By Product & Service, 2019 vs. 2024 (USD Million)
Figure 10 Medical Terminology Solutions Market, By End User, 2019 vs. 2024 (USD Million)
Figure 11 Geographical Snapshot of the Medical Terminology Solutions Market
Figure 12 Medical Terminology Solutions to Witness High Growth Due to the Rising Focus on Minimizing Medical Errors
Figure 13 Services Segment Accounted for the Largest Share of the North American Medical Terminology Solutions Market in 2018
Figure 14 Asia Pacific Region to Register the Highest Growth in the Medical Terminology Solutions Market During the Forecast Period
Figure 15 North America Will Continue to Dominate the Medical Terminology Solutions Market in 2024
Figure 16 Medical Terminology Solution Revenue Stream
Figure 17 Data Aggregation Segment to Dominate the Market During the Forecast Period
Figure 18 Services Will Continue to Dominate the Medical Terminology Solutions Market During the Forecast Period
Figure 19 Healthcare Providers to Continue to Dominate the Medical Terminology Solutions Market in 2024
Figure 20 EHR Adoption Rates in the US (2012–2017)
Figure 21 North America to Dominate the Market During the Forecast Period
Figure 22 Medical Terminology Solutions Market: Geographic Growth Opportunities
Figure 23 North America: Medical Terminology Solutions Market Snapshot
Figure 24 Office-Based Physician EHR Adoption in the US (2009–2017)
Figure 25 Percentage of Non-Federal Acute Care Hospitals, By Type, That Possess Certified Electronic Health Record Technology, 2017
Figure 26 Canada Emr Adoption By Primary Care Physicians (2012–2017)
Figure 27 Ehealth Adoption in Europe, By Country, 2017
Figure 28 Cumulative Snomed Ct Implementation Status in India (2014–2018)
Figure 29 APAC: Medical Terminology Solutions Market Snapshot
Figure 30 Product Launches and Partnerships Were the Key Growth Strategies Adopted Between January 2015 and January 2019
Figure 31 Intelligent Medical Objects Led the Medical Terminology Solutions Market in 2018
Figure 32 Wolters Kluwer: Company Snapshot
Figure 33 3M: Company Snapshot

This study involved four major activities to estimate the current market size for medical terminology software. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market sizes of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, trade directories, and databases such as D&B Hoovers and Bloomberg Businessweek were referred to in order to identify and collect information for this study.

Primary Research

The medical terminology software market comprises several stakeholders such as medical terminology software vendors and end users. Primary sources from the supply side include CEOs, vice presidents, marketing and sales directors, business development managers, and innovation directors of medical terminology software companies. Demand-side primary sources include industry experts such as directors of hospitals directors, hospital vice presidents, HCIT managers, and related key opinion leaders.

Medical Terminology Software Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the medical terminology software market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Objectives of the Study

  • To define, describe, and forecast the medical terminology software market on the basis of product & service, application, end user, and region
  • To provide detailed information about factors influencing market growth (such as drivers, restraints, opportunities, and industry-specific challenges)
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall medical terminology software market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for market players
  • To forecast the size of the market segments with respect to five  main regions, namely, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
  • To strategically profile key players and comprehensively analyze their core competencies in the medical terminology software market
  • To track and analyze competitive developments such as partnerships, agreements, collaborations, alliances, mergers & acquisitions, product launches, expansions, and R&D activities in the medical terminology software market

Scope of the Report

Report Metric

Details

Market Size Available for Years

2017–2024

Base Year Considered

2018

Forecast Period

2019–2024

Forecast Units

Value (USD)

Segments Covered

Application, Product & Service , End User, and Region

Geographies Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Companies Covered

Wolters Kluwer (Netherlands), 3M (US), Intelligent Medical Objects (US),
Apelon (US), Clinical Architecture (US), CareCom (Denmark), Bitac (Spain),
B2i Healthcare (Hungary), BT Clinical Computing (Belgium), and HiveWorx (Ireland)

The research report categorizes the market into the following segments and subsegments:

Medical Terminology Software Market, by Application

  • Data Aggregation
  • Data Integration
  • Decision Support
  • Clinical Guidelines
  • Reimbursement
  • Quality Reporting
  • Clinical Trials
  • Public Health Surveillance

Medical Terminology Software Market by Product & Service

  • Services
  • Platform

Medical Terminology Software Market, by End User

  • Healthcare Providers
    • Healthcare Information Exchanges
    • Healthcare Service Providers
  • Healthcare Payers
    • Public
    • Private
  • Healthcare IT Vendors
  • Other End Users (government agencies, terminology developers, and medical system integrators)

Medical Terminology Software Market, by Region

  • North America
  • US
  • Canada
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the European medical terminology software market into Germany, the UK, and the Rest of Europe
  • Further breakdown of the Asia Pacific medical terminology software market into Singapore and Australia
Report Code
HIT 6988
Published ON
Mar, 2019
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